$1,810 Per Month
- 4 Beds
- 2.5 Baths
- 1,843 Sq Ft
- KimberlyDawnDr8854
8854 Kimberly Dawn Dr Unit 1, Southaven, MS 38671
Frequently Asked Questions
How much does it cost to rent a condo in Southaven, MS?
The median rent for a condo in Southaven, MS is $1,955 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Southaven, MS?
To comfortably afford the median rent in Southaven, MS, a household needs to earn roughly $72,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,820 per month in Southaven, MS, renters typically need to show $5,460 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Southaven, MS?
In Southaven, MS, the price-to-rent ratio is 13.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Southaven, MS are best for renting a condo?
The best neighborhood for renting in Southaven, MS depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Parkway Village, Orange Mound, East Memphis, South Main and Midtown Memphis, each with its own character and price range.
